Thursday recap
It was a relatively quiet session for stocks with the bond market closed for the Veterans Day holiday.
Read MoreThank YOU Veterans
We at DwyerStrategy would like to thank all the Veterans of our Armed Services. Without those that serve, we wouldn’t have the opportunity we do! On a personal note,…
Read MoreBullish retail sentiment rises to a 19-week high
And bearish sentiment falls to a 19-week low.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10-day moving average dropped, while the percentage above the 50-day moving avg. inched up to the highest level…
Read MoreEarly Thursday look
S&P equity futures are trading well ahead of Wednesday's close. Asian equities were mostly higher overnight with China and Hong Kong both up over 1% on strength in property…
Read MoreBenchmark indices lower for the second day
Stocks open weaker after the higher-than-expected inflation report.
Read MoreBrief midday market observation:
U.S. Treasury (UST) Bond Yields are up significantly across the curve today. The longer duration 5 & 10-yr UST yield is up 11 basis points on the back of…
Read MoreSlight uptick in continuing jobless claims
The U.S. Labor Department reported the weekly jobless claims data a day early due to the Veterans Day holiday tomorrow (the bond market will be closed- FYI).
Read MoreCPI climbs above 6% y/y
The Consumer Price Index (CPI) data out this morning showed inflation in October was even hotter than expected.
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